Publications Key Insights
Data is central to EduFinance’s work. Through rigorous data analysis and monitoring results, we are able to identify key areas of success, points for improvement and generate new ideas efficiently. In addition to publishing larger research studies, we want to share these key insights resulting from our ongoing data analysis, recognizing that lack of data is often a barrier to developing new, evidence-based innovations that can collectively benefit the global education sector.
Data from Rwanda schools in the EduQuality program shows school owners with loans have overwhelmingly invest in productive assets, increasing cashflow, sustainability and the capacity to improve the quality of education.
EduFinance surveys found that most school stakeholders have been negatively affected by this pandemic, facing significant income decline.
Survey data shows 77% of Rwanda school leaders reported using both Facebook and WhatsApp to access EduQuality content on school crisis management, and 95% used the digital EduQuality Pathways to Reopening guide.
Data shows schools that have taken School Improvement Loans are improving their education quality self-assessment scores at a 19.5% faster rate than those who are not banking with a financial institution.
Opportunity EduFinance financial institution partners have generated $56 million worth of additional future annual income for students through disbursements of School Fee and Tertiary Tuition Loans, meaning parents and students recoup 47% of their investment annually.
For every US$1 invested in EduFinance Technical Assistance, financial institutions lend US$64 on average
Analysis finds spend on EduFinance technical assistance leverages limited resource to provide greater child impact through education lending
School leaders report struggling to balance their concerns about their finances with the welfare of staff and ability for children to learn while at home
Connectivity rates for schools highlight the need for a broad approach to support learning during school closures in low tech / low resource environments.
EduQuality schools access more loans & have lower portfolio at risk than school borrowers not in the program
Evidence suggests the Education Quality program drives longer-term relationships between school owners and financial institutions.
There is evidence of lower risk lending to parents when School Fee Loans are run through the EduFinance Credit Algorithm.
Between 2018 and 2019, 55% of affordable private schools enrolled in the EduQuality program have shown progress in self-assessed education quality scores.
Affordable private school owners accessing loans achieve higher rates of girls' enrolment and employ more female teachers in EduFinance partner schools enrolled on the EduQuality program in Uganda.